• New York Times average operating margin for 2023 was 10.16%, a 8.78% increase from 2022.
• New York Times average operating margin for 2022 was 9.34%, a 24.98% increase from 2021.
• New York Times average operating margin for 2021 was 12.45%, a 31.61% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.